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- Mike8 replied Sep 7, 2012
LOL. I think you made my day.
I can go to bed now, it is Saturday here. "People often become prisoner of their own concepts". I am not sure who said that but I think it does not matter at this point.
EURUSD
- Mike8 replied Sep 7, 2012
On the 5m TF price have not touched the 20ema for nearly 6 hours.
That is a strong trend.
EURUSD
- Mike8 replied Sep 7, 2012
Not very convinsently (is that a word in english?). 2815 could be the next.
EURUSD
- Mike8 replied Sep 7, 2012
Hi Bill I have not heard from you for a while, how is piptrapper doing?


EURUSD
- Mike8 replied Sep 7, 2012
One of the reason strong trends continue in their direction is because counter trend in covering their position are adding fuel to the fire.

EURUSD
- Mike8 replied Sep 7, 2012
All the Londoners dealers went to the pub, the one from New York had too many espressos that make their heart palpitates so much, so instead of shorting they went long, also the latest despatched from Bogota was not of the the best quality, I think ...
EURUSD
- Mike8 replied Sep 7, 2012
True. Make sense in scalping though. In position trading it does not, because we already taken the trades in the direction of the least resistance, in technicality and in fundi (both subjective, of course in my view, but the difference lays in the ...
EURUSD
- Mike8 replied Sep 7, 2012
Yes. "By the time most people realise the real direction of the trend it has already reversed" But I think there is still a lot of time to get in (not today) and slowly build up only when right with large SL. (for big swings)

EURUSD
- Mike8 replied Sep 7, 2012
LOL, You know what I was thinking exactly the same then I saw your post.

EURUSD
- Mike8 replied Sep 7, 2012
I think that is the next resistance, after 2775 today which she already visit.

EURUSD